Oil in Texas
Category: Science > Earth Sciences
Asked by: wilddemocrat-ga
List Price: $10.00
06 Mar 2006 20:01 PST
Expires: 05 Apr 2006 21:01 PDT
Question ID: 704429
How much oil (in terms of millions of barrels) is still under the major Texas oil fields? Compared to other major oil fields in the world (such as the North Sea or the Gulf of Mexico), what quality is Texas oil considered to be in the industry?
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Re: Oil in Texas
From: hardtofindbooks-ga on 06 Mar 2006 20:21 PST
Hi Wilddemocrat, Texas Petroleum Supply (Upstream) Crude Oil Proved Reserves: 4,613 million barrels (2004), ranked 1st (2nd including Federal Offshore). Accounts for 22 percent of U.S. crude oil proved reserves. Crude Oil Production: 1,073 thousand barrels per day (2004), ranked 1st (2nd including Federal Offshore). Accounts for 20 percent of U.S. crude oil production. Total Producing Oil Wells: 151,653 (2004) Rotary Rigs in Operation: 506 (2004) http://tonto.eia.doe.gov/oog/info/state/tx.html
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